Latest Siacoin (SC) News Update

Deep Dive

1. @SiaFoundation: Mandatory Wallet Upgrades Before December bearish

"Terminal app users MUST upgrade to walletd v2.11.0+ before December – Lite wallet users unaffected."
– @SiaFoundation (18.4K followers · 56.6K impressions · 2025-10-29 13:30 UTC)
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What this means: Bearish short-term as exchanges like Kraken and Binance suspend SC deposits/withdrawals during transitions, risking temporary liquidity crunches.

2. @OKX: SC Delisting Confirmed bearish

"OKX SG will delist SC trading pairs on 29 Sep 2025 due to unmet listing criteria."
– Announcement (26 Sep 2025 · 1.4M monthly users)
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What this means: Bearish for liquidity and market access, though SC remains tradable on other platforms like Bybit and Poloniex post-upgrade.

3. @coingabbar: V2 Hardfork Fuels Storage Hype bullish

"SC surged 6.6% post-v2 Phase 2 with Utreexo syncing and RHP4 upgrades – volume spiked 415% to $120.5M."
– Coingabbar analysis (1 Aug 2025)
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What this means: Bullish for long-term utility as faster node syncing and improved storage protocols could attract enterprise adoption.

Conclusion

The consensus on Siacoin is mixed – bullish momentum from technical upgrades clashes with bearish exchange delistings and upgrade-related suspensions. Watch the completion rate of exchange migrations to Sia v2 by December, as seamless transitions could validate its decentralized storage niche against rivals like Filecoin.

Deep Dive

1. Delisted by OKX SG (26 September 2025)

Overview: OKX SG halted SC trading pairs (USD/USDT) on 29 September 2025 after a review found non-compliance with listing standards. Deposits were suspended earlier, with users urged to withdraw assets. SC remains tradable on other exchanges.
What this means: Bearish short-term due to reduced liquidity access on a major exchange, but neutral long-term if Sia’s fundamentals offset the delisting. Exchanges often prune tokens with low activity or compliance risks. (OKX)

2. V2 Hardfork Adoption Boost (1 August 2025)

Overview: The July 2025 V2 hardfork introduced Utreexo syncing and Ledger support, driving SC’s price to $0.003492 (+6.6% in 24h) and volume to $120.5M (+415%). Upbit and Binance had earlier paused services for upgrade prep.
What this means: Bullish for utility, as Utreexo reduces node sync times from days to minutes, improving accessibility. However, SC’s 30-day price remains down 12%, reflecting mixed market reception. (Coingabbar)

3. HackerNoon Partnership (4 July 2025)

Overview: Sia partnered with HackerNoon to host immutable article backups on its decentralized storage network, leveraging blockchain for censorship-resistant journalism.
What this means: Neutral-to-bullish, showcasing real-world use cases. However, adoption metrics (storage contracts, active hosts) will determine long-term impact. (Sia Foundation)

Conclusion

Siacoin balances technical strides with exchange headwinds, its decentralized storage niche gaining traction but facing liquidity challenges. Will partnerships and upgrades outweigh delisting pressures? Monitor SC’s exchange reserves and network storage metrics for clues.

Deep Dive

1. V2 Network Finalization (December 2025)

Overview: The Sia v2 hardfork, initiated in June 2025, is entering its final phase. Key upgrades include Utreexo (reducing blockchain storage requirements by ~99%) and RHP4 (faster file transfers and contract efficiency). Exchanges like Kraken and Binance have already upgraded, but the Foundation urges remaining platforms to adopt v2.11.0+ by December to avoid disruptions (Sia Foundation).

What this means: This is bullish for SC as Utreexo lowers node operation costs, potentially increasing network participation. However, delayed exchange upgrades risk temporary liquidity issues.

2. Sia Storage App Launch (Q4 2025)

Overview: The Sia Storage App, currently in internal alpha testing, aims to simplify file management with features like background syncing and intuitive onboarding. This addresses a key barrier for non-technical users (Sia Foundation).

What this means: This is neutral-to-bullish—improved UX could drive adoption, but success depends on marketing and competition from centralized alternatives like Dropbox.

3. Full S3 Protocol Support (Q1 2026)

Overview: Full compatibility with Amazon S3’s API will let developers port existing storage workflows to Sia with minimal changes. Partial support exists today, but full validation is ongoing (Sia Roadmap).

What this means: This is bullish long-term, as S3 dominance in enterprise storage (handling ~35% of cloud data) creates a bridge for institutional adoption. Execution risks include latency challenges versus centralized providers.

Conclusion

Siacoin’s roadmap prioritizes technical refinement (V2) and usability (Storage App, S3), positioning it as a decentralized alternative to traditional cloud storage. While upgrades could boost SC’s utility, adoption hinges on seamless execution and developer uptake. How will Sia balance decentralization with performance as it scales?

Deep Dive

1. Walletd Mandatory Upgrade (4 November 2025)

Overview: The Sia Foundation mandated exchanges to upgrade to walletd v2.11.0+ by December 2025 (block 552,100). Non-compliant exchanges risk losing SC transaction capabilities.

This update ensures compatibility with Sia’s post-V2 infrastructure, particularly for terminal app users. The Foundation emphasized that lite wallet holders require no action, but exchanges must proactively update to avoid service disruptions.

What this means: This is neutral for SC but critical for ecosystem reliability. Exchanges delaying upgrades could trigger temporary liquidity drops, while compliant platforms may see increased user trust.
(Source)

2. V2 Hardfork Phase 2 (21 August 2025)

Overview: Phase 2 activated Utreexo – reducing blockchain sync time from days to minutes – and RHP4, enabling faster file transfers and prepaid storage balances.

The hardfork also introduced Ledger hardware wallet support, broadening secure storage options. These changes followed June’s Phase 1, which laid the groundwork for non-backward-compatible upgrades.

What this means: This is bullish for SC as Utreexo lowers entry barriers for new nodes (potentially boosting decentralization), while RHP4 could attract enterprise users needing efficient large-scale storage.
(Source)

3. June Hardfork Prep (18 July 2025)

Overview: Pre-fork updates included hostd stability fixes, renterd contract management refinements, and walletd UI improvements for Ledger integration.

Critical consensus adjustments enforced hardfork readiness, ensuring nodes rejected outdated blocks post-fork. Exchanges like Binance and Kraken suspended deposits/withdrawals during the transition.

What this means: Neutral short-term due to temporary exchange halts but bullish long-term for network security. The enforced upgrades reduced post-fork chain splits, preserving data integrity.
(Source)

Conclusion

Siacoin’s 2025 updates prioritize scalability (Utreexo), usability (Ledger/RHP4), and compliance (walletd deadlines). With the V2 hardfork completed and exchange integration ongoing, watch for metrics like node count growth and storage contract volume to gauge adoption. How will Sia balance developer momentum against its 90-day price decline (-36.95%)?